Word: loaning
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...cost of personal credit defies gravity. In the past year, the average rate on unsecured personal loans has fallen only one-third of a point, to 17.1%. And the rate on credit cards has actually edged upward one-fifth of a point, to an average 18.9%. Since 1988, the rate has increased nearly a full percentage point. Many consumer groups and financial analysts contend that banks are keeping rates high to help offset loan losses in such other businesses as real estate and leveraged buyouts. Credit cards are the most profitable line of business for most banks, earning three...
George Bush, quite rightly, doesn't want the U.S. to subsidize Sharon's operation. That's why Bush has asked Congress to hold off granting Israel $10 billion in loan guarantees to help in the "absorption" of the Soviet Jews. Bush's critics, in both Israel and the U.S., have accused him of playing a cruel and cynical game with the immigrants, holding them hostage to his political objectives. It's the right charge, but it should be aimed at Sharon, not Bush...
Previously undisclosed audits show that Bank of America provided a $2.5 million loan in 1976 to start up a B.C.C.I. subsidiary in the Cayman Islands known as International Credit & Investment Co. Overseas. According to Federal Reserve documents, I.C.I.C. Overseas was the vehicle that held most of B.C.C.I.'s loans to privileged insiders, as well as its secret and illegal holdings in First American Bank in Washington...
...will not do at home: he stands for principle, explains himself and takes risks. But in the delicate strategy game of securing Israel's presence at the negotiating table, Bush may find himself on the losing side. The Israelis have said emphatically they will not allow the tempest over loan guarantees to keep them from taking part in the peace talks. But they have also suggested that without the U.S. in their corner, they cannot engage their Arab neighbors with confidence and goodwill. That would make, in the end, for a brief and barren conference...
West European leaders have remained mostly mum as PRESIDENT BUSH has gone toe to toe with the Israelis over the housing-loan guarantees they have requested to help them absorb new Soviet immigrants. But behind the scenes, many Europeans are delighted. They have told Washington officials that by insisting that peace talks and an Israeli pledge to halt settlements in the occupied territories must come before the money, Bush is demonstrating a long-overdue evenhandedness to the Arabs as the delicate negotiations loom. Says a senior French diplomat: "At last Bush is stopping the tail wagging the dog. Without that...